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majority leader eric cantor is there and says the to leaders tax eswill not sigo up. you're watching cnbc, first in business worldwide. >>> we have had a busy, a barrage of earnings. we've had microsoft and at&t and starbucks, all posting their latest quarterly results minutes ago right here on the show. let's get a roundup now that we've had time to digest and read through all the earnings action. rights, bertha? give it to us. >> reporter: not full digestion but a tummy still full looking at the numbers. fiscal second quarter for microsoft beats by a penny. street looking for 75 cents. refnous more or less in line. actually had missed on both the top and bottom line last quarter. take a look at the reaction of the stock. we've got microsoft here. there we go. it's still down, however. sold 60 million windows 8 loy senses. no details on the surface sales. that's something else people may ask on the license call. at&t, strong on the bottom line, and actually missed on both the earnings for the same quarter last year. they said they saw smartphone fans, activated 18.6 iphones and 26% were
ticket to a better night's sleep ♪ hey! hey honey! hey alan. uh, hey.... i'm bob, we talked at the tax store. i did your taxes. i thought you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores district is changing the locks in an effort to protect students. by the end of february classroom doors in the lafayette school district will have newahandles that lock from the inside with a push of a button. the old doors locked only from the outside using a key. school officials say it will improve security in the wake of the sandy hook elementary tragedy ?ie. manti te'o -- >>> manti te'o admits he lied about the hoax even after he found out about the truth. he told katie couric that he enjoyed the feeling he was inspiring other people. >> my story i felt was a guy who in times of hardship and in times of trial really held strong to his faith, held strong to his family. i felt
talked at the tax store. i did your taxes. i thought you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. on our newly expanded advanced digital network, a connection you can count on. at&t u-verse high speed internet offers more speed options, reliability and wi-fi hotspots than ever. go to our website below to get u-verse high speed internet for just $14.95 a month for 12 months with a one-year price guarantee. it's all the speed you need all at a great price. our newly expanded advanced digital network gives you more of what you enjoy online. and with at&t, our wireless gateway turns your home into a private wi-fi hotspot that connects your wi-fi devices and can even save on your smart phone data usage at home. go to our website below to get at&t u-verse high speed internet for just $14.95 a month for 12 months with a one-year price guarantee. that include
mickelson trying to take a mulligan for his comments on taxes. he will make drastic changes because of california's huge tax hike. what exactly does it mean? is he moving? is he retiring? sportscaster jim gray is sharing hints from mickelson as he joins us. >>> 2012 showed the biggest spike in home prices since the summer of 2006 but there is still time if you want in. we've got the surprising inside scoop what is hot and what's not from coast to coast. >>> iraq stumbles upon a billion barrels of oil they didn't even know they had. we have details whether that could be a global game-changer. even when they say it's not it is always about money melissa: first let's take a look at the day's market moment. a wild ride on wall street today. stocks reversed courses in midday trading with all three major indices ending the session in the green the dow ended up 62 points. travelers insurance reported fourth quarter results. the company still managed to post a profit despite increased claims from hurricane sandy. that is where the good news ended though. travelers profit for the quarter was
homage without making a permanentook perfect o you, catherine! have we met? yeah, last week at the tax store i did your taxes. you work here too. yep. i thought you were an expert with returns? oh i am, especially after the holidays! major tax stores advertise for preparers with "no taxes experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. yuh-huh. we have the wireless receiver. listen. back in my day, there was no u-verse wireless receiver that let you move the tv away from the tv outlet. we can move it to the kitchen, the patio, the closet and almost anywhere. why would you want a tv in the closet? [ both laugh ] ♪ [ fancy voice ] brilliant idea, darling. ♪ [ female announcer ] the wireless receiver only from at&t u-verse. get u-verse tv for $29 a month for six months. at&t. secondhand smoke affects r $29 everyone's health.x months. it's not just irritating.
mickelson, why is he paying 62%, 63% tax? >> i like the nike add. >> all that, plus the opening bell in just a moment. [ construction sounds ] ♪ [ watch ticking ] [ engine revs ] come in. ♪ got the coffee. that was fast. we're outta here. ♪ [ engine revs ] ♪ [ indistinct shouting ] ♪ [ indistinct shouting ] [ male announcer ] time and sales data. split-second stats. [ indistinct shouting ] ♪ it's so close to the options floor... [ indistinct shouting, bell dinging ] ...you'll bust your brain box. ♪ all on thinkorswim from td ameritrade. ♪ >>> you're watching cnbc "squawk on the street" live from the financial capital of the world. the opening bell is going to ring in a little less than 90 seconds. a busy week. everything from apple to microsoft to bristol-myers reporting earnings. we talked about some of the highlights. also, davos happening. you never know what could come from the other side of the planet. >> a lot of hitters there. periodically getting a new story. we have maria over there, and steve liesman, i mean, it's really -- we're bringing out the big guns. we've got
should kept his opinion on taxes themselves. nicholson set off a firestorm of controversy when he said teammate will out to california because of recent hikes in federal and state taxes on the wealthy. when asked about of the farmers insurance opening california he compared his remarks to a bad call he made at the 2006 u.s. open. >> i made a big mistake talking about is the publicly and i should not have done that. my apology is from talking about a publicly because i should not take advantage of the form that i have as a professional golfer to try to ignite change over these issues. >> mickelson had said that his tax rate was over 60 percent in that state. according to the tax foundation they said it is closer to 51%. california recently became the state with the highest top marginal tax rate face the voters passed in november a temporary tax hike on wealthy residents. >> coming up on the kron4 morning news defense secretary leon panetta expected to make a big announcement today more on historic change coming to the military. we are seeing a lingering wet weather across the bay area t
do we mean just raising taxes? isn't most of the austerity in europe raising taxes? >> no. >> not in greece? >> it would actually be starting to collect taxes. >> we raise taxes, which have to do with the middle class -- >> that's the austerity you're talking about, raising taxes? >> yes. >> and also the cutting of wages. we have a dramatic cut in wages, not only in the public sector, but also in the private sector. because the economy, the basis itself on small and medium enterprises, which mainly produce for the domestic market, this has been a distraction. we have lost a lot of jobs, a lot of company, the private sector in a very bad state, in a country which was growing with a rate of more than 4%. but this double -- >> so much more than you were taking in at that point. there's a deficit that has to be paid off. and the measures you're talking about, technology and organizing the economy could take a long time to kick in. >> this is correct. but the main problem in greece was always state revenues. because they do not tax the rates. they allow tax evasion for the weal
at the tax store. i did your taxes. i thou??t you were a tax expert? today, i'm a master plumber. major tax stores advertise for preparers with "no tax experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. a lipstain with wet shine! lipcolor... l'oreal creates caresse wet shine stain: the light weight formula delivers lasting color plus shine with 30% water. it's the wet look for my lips. l'oreal's new caresse wet shine stain. [ bop ] [ bop ] [ bop ] you can do that all you want, i don't like v8 juice. [ male announcer ] how about v8 v-fusion. a full serving of vegetables, a full serving of fruit. but what you taste is the fruit. so even you... could've had a v8. but what you taste is the fruit. creatwith petsmart, wonder and enchantment. the destination for all things aquatic. come to the amazing aquatics event and save up to 25% on all aquariums and select aquatics essentials from your favorite brands. and tetras and algae eaters are just $1 each. at petsmart®. oth
criminal background to register with the government, pay a fine and back taxes. congress has not attempted to overhaul the nation's immigration laws since 2007. republicans rejected a bill that george w. bush supported because it was amnesty. senator john mccain is behind the latest plan. he says the gop should help it become law in order to win over hispanic voters. >> look at the last election. we are losing dramatically the hispanic vote which we think should be ours for a variety of reasons. and we have to understand that. >> reporter: tomorrow, president obama is traveling to las vegas to lay out his vision for immigration reform. danielle nottingham, cbs news, washington. >>> so, do you have super bowl fever just yet? still ahead, california senators start making bets. what's at stake besides the lombardi trophy. we're in the big easy ahead of the big game. do you know the proper way to say new orleans? the locals will let us know next. >>> hi, i'm meteorologist lawrence karnow in the cbs 5 weather center. starting out a little chil
with jason kennedy. right after this. ♪ ect on you, catherine! have we met? yeah, last week at the tax store i did your taxes. you work here too. yep. i thought you were an expert with returns? oh i am, especially after the holidays! major tax stores advertise for preparers with "no taxes experience necessary." at turbotax, you only get answers from cpas, eas or tax attorneys - all real tax experts. ...than h&r block stores and all other major tax stores combined. those spots are actually leftover food and detergent residue that can redeposit on your dishware during the rinse cycle. gross. jet-dry rinse agent helps wash them away so the only thing left behind is the shine. jet-dry rinses away residues for a sparkling shine. i played a round of golf.id in the last five hours? then i read a book while teaching myself how to play guitar; ran ten miles while knitting myself a sweater; jumped out of a plane. finally, i became a ping pong master while recording my debut album. how you ask? with 5-hour energy. i get hours of energy now -- no crash later. wait to see the next five hours. >> it is th
up a fight in the spring over taxes, spending and the deficit. >>> it appears california will finish the month with a bump in tax revenue. according to the legislative analyst's office, the state is expected to end january $4 billion ahead of projections. the state also set a record on january 16 when the franchise tax board received $2.2 billion in taxes. experts say the excess money may be the result of a combination of state and federal tax changes. >>> government figures released today indicate that union membership in the united states is at its lowest level since the 1930's. the bureau of labor statistics says union labor declined. it's a drop of about 400,000 workers. the losses were spread across both the government and private sectors. >>> a state appeals court has upheld the right of a san jose car dealer to share its tips with other employees. in a unanimous decision, judges from the sixth district court of appeals said they could find nothing in the law that made the practice illegal. it is common in the restaurant business for waiters and waitresses to have to share tips
: excess cash. california is expected to end the month with an extra $4 billion of income taxes. the "bee" is report this is due to tax changes at the state and federal laws. the extra money came in from top earner whose received bonuses and dividend payments at the end of december. >> tomorrow morning, the governor will deliver the state of the state address and we will bring it to you live at 9:00 a.m. right here on abc7. >> deployment postponed for dozens of air national guard with the departure of 129 rescue changed to friday with 75 citizen airmen will be headed to afghanistan and africa, providing combat search-and-rescue support to our troops in the region. >> two lucky 49er fans won a lottery ticket to new orleans and one has a baby on board. we are joined new the near 49er stadium in santa clara this is a dream come true for those that require a doctor's note? >> exactly. two the way. she learned she won the lottery for super bowl, the mom's first call was to her doctor. >> they called and said, you won 49er tickets for the super bowl. okay, okay, i thought, this is a prank call
lawmakers to avoid a spending spree with the extra tax money approved by voters. katie marzullo is here with more. >> there were strict instructions for the legislature in the speech. the governor said they made a promise to voters to be responsible where their money. that is a promise they are going to keep. republicans are skeptical. >> in the third state of the state address since reclaiming office, governor brown offered words of inspiration. >> this generation has a rendezvous with destiny. we in california have a rendezvous with our own destiny. he praised the legislature cutting billions from the budget while reforming prisons and pensions. he thanks citizens positive embracing the new taxes of proposition 30, money that will not be squandered. >> governing never ends. we have promises to keep. the most important is the one we made to the people if proposition 30 passed we would guard the money jealously temporarily made available. this means living in our means and not spending what we don't have. >> other big topics include progress on the high-speed rail progress, reducing car
opinion on taxes themselves. nicholson set off a firestorm of controversy when he said he may have to move out of california because of recent hikes in federal and state taxes on the wealthy. when asked about it and the farmers insurance opened in california, he compared his remarks about the mistake he made the 2006 u.s. open. >> it was like when i tried to carve a three iron around the tree and made double bogey and lost the u.s. open. i think i will learn my lesson and take the wedge and get back and play. i made a big mistake talking about the stuff publicly and i should not have done that. >> still asking for a mulligan. he said that his tax rate is over 60 percent in the state. but according to the tax foundation in california tax experts, is closer to 51%. california recently became the state with high as top marginal tax rate banks to boaters passing in november a temporary tax hike on wealthy residents. >> new this morning police searching for a man who kidnapped a 13 year-old girl, i am live on the scene. >> also watching the bay area weather as we clear up this morning. we will
of "cbs this morning" sponsored by h&r block. come see what a difference our tax expertise can make. when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ this cold season, nasal congestion won't slow me down. i made the clear choice. i'm getting claritin clear with claritin-d. nasal congestion keep me away ? not since i made the clear choice. non-drowsy claritin-d. decongestant products on the shelf can take hours to start working. claritin-d starts to work in just 30 minutes. i can't wait hours for a nasal decongestant. that's why i made the clear choice and got claritin-d. it has the best decongestant for colds. this cold season, get claritin-d at the pharmacy counter. live claritin clear. chili's lunch combos starting at just 6 bucks. try our new southwestern mac and cheese with grilled chicken served with soup or salad. chili's lunch combos. starting at 6 bucks. more life happens here. [ female announcer ] fact: the medicine in children's advil® is the #1 pediatrician recommended pain r
received $130,000 tax-free from his wife's life insurance policies, not bad money in 1990. a witness who worked with michael in the insurance business was asked about the money. >> what does the document say? >> this is a claim statement for payment of the proceeds. >> who signed the claim? >> michael george, looks like. >> on what day? >> 7/18 of '90. >> july 18, 1990. >> yes, sir. >> are you aware that barbara george was buried on july 16, 1990. >> woman nicer, scoundrel. the prosecution dissected his character and referred to him as the only possible killer. >> our concentration was to show that he was the only guy, that he was the one who had to have done it because no one else on earth would have. >> speak loudly. your first name is kim? >> prosecutors called this witness who worked at a nail salon at comics world. >> i would say i witnessed 30 to 35 arguments. >> she testified shield hear many arguments between michael and barbara that summer, but the one she heard that day, friday the 13th sound uglier. >> it was much louder. he was much angrier and seemed much more violent. >> th
. the governor praised praised voters for approving temporary tax increases. a special session of the those issues that must be california is to get the act started by next january the mafigovernor jerry brown prd the law makers and for approving a temporary tax increase this also recognizes storing surplus. >> this means living within our means and not spending what we do not have it is cool to lead people all along with providing programs and only to cut them, cut them back it is not progress or progress if it is an illusion the stop and go will help no one. we are not going to go back there. >> the president affordable care act is also wanting to be started by next january. >> pam: we now know the name of the woman who was gunned down in her san jose home yesterday. this is video of the scene from our helicopter partnership with a-b-c-7 news. 43-year-old anna duong was found shot inside her home on ponselle court at about 1-30 in the afternoon. she died at a hospital about an hour later. duong was a mother of two young children. and was well-known for selling snacks and other small items
expressing some political or religious expressions. most of the state tags that most of the tax status ban are vulgar and hateful as they fall in those categories? sound off on our kron4 facebook fan page so we could share them on the kron4 morning news. >> and woman waiting on the platform of madrid metro fainted and fell onto the tracks as the train approached. an off-duty police officers bring into action and jumped onto the tracks and dragged her to safety. passengers on the platform tried desperately to warn the driver and the train was able to stop in time. the woman made a full recovery! we will be right back. >> we are tracking hot spots in the traffic center fremont 84 southbound at thornton just passed a turnoff for the dumbarton bridge. a multi vehicle accident blocking more than one lane of traffic and really look at what it's doing to the drive time from a were down to fremont. from 92 to fremont boulevard 67 minutes. the conditions are actually worse than the censors would indicate because there is some wait- and-see here and it has not quite updated. it is read out there rig
, michelle. >>> there once was a name barack whose re-election came as a shock, he raised taxes i pay and then turned marriage gay and now he's coming after your glock. captioning funded by cbs >>> welcome to "cbs morning news." i'm charlie rose in new york. norah o'donnell is in washington. on the morning after a very long inauguration day. >> that's right, d.c. police say more than 800,000 people came to the national mall to see president obama's swearing in. thousands of them stayed around to join the president for the inaugural parties last night, bill plante is at the white house. bill good morning. >> reporter: good morning, and good morning out west. the first event on this morning after happens in this hour the president and vice president and their wives attend the national prayer service. last night, the east room of the white house was the place for the hottest afterparty in town. entertainers like kelly clarkson and john legend, lots of politicians, friends of the president, all after the two official inaugural balls. >> my dance partner, michelle obama. >
per month. >> at least one per day. it's outrageous, us as tax paying citizens should not have to accept. >> these are the low level crimes that the police do not focus on. and exactly the types of crimes he will want police to crack down on when he begins a contract next month advising the department. in other cities, he has worked under the broken window theory. that says, if less serious crimes are not dealt with the overall crime rate will go up. at a city council meeting that ended after 2:00 in the morning the council voted 7-1 to approve a 250,000 contract to hire him. his opponents seem more concerned with the support of a stop and frisk policy. they feel it will lead to racial profiling. >> you are bringing in somebody very controversial. it's going to be an up hill battle. >> late this afternoon, the council's decision was defended to bring him on board. >> he is neither the devil, nor a savior, he is part of a team. >> this plan is not about him, it's about policy partnership. >> and the police chief went on to say that he will not be attending community meetings as
democrats view a budget vote as an opportunity to raise more money through taxes. >> it's going to be a great opportunity. in our budget that we will pass we'll have tax reform, which many colleagues like but it will include revenues. >> reporter: the house is expected to approve the debt limit increase tomorrow. susan mcginnis, cbs news, washington. >>> today is the 40th anniversary of the supreme court ruling that legalized abortion. in 1973 the roe v. wade decision said a woman has the right to abort a pregnancy setting off a national debate. today a pro choice group will hold a rally and walk in los altos, a demonstration against female enslavement at city hall in san francisco. >> three americans were killed in the algeria, seven others made it out alive. the militants offered to release two of the americans who died in exchange for the freedom of two prominent terror suspects behind bars in the u.s. the obama administration rejected that offer. >>> at least one person is dead from an earthquake that hit western indonesia this morning, i
. >> the passengers are perking up on it and enjoying it, but then come some other panhandlers. my taxes dur, i can't even pay off my ferrari. >> i was at the circumstance ace few minut f trying to raise money for my band. >> then a mariachi band comes on. >> watch what happens when the police comes on. >> quiet with the music. everybody soliciting get off the train. i've seen it before. i don't want to hear it. >> they're telling the cop, this is a -- >> i don't want to hear it. >> excuse me, excuse me. >> what? >> what? >> get off the train. >> he's telling everybody to get off, but everybody's applauding like, this is a great show. i loved it! >> everybody's attention, please, i'm sorry to trouble everybody, i'm trying to raise money for the police benevolent association. >> the end. the sketch was done by a group of people who were a bunch of actors. kind of an improvisation group. all the actors were given one or two lines of dialogue, but the rest it, improvise, and i think they a pretty good job. >>> time to bust a move. >> look at the guy. he is really committed. >> he's not holding anythin
to a new lower sprewell plaza. >> this was initially introduced by students and they taxed themselves to pay for the project. >> the campus paid for half of the project and the students paid for the other half. >> student government and otherrants will be relocated to the echelon hall. >>> if you find yourself in a rocky romantic relationship, it could be related to how much sleep you are getting. the uc berkeley study says people who don't get enough sleep may not be expressing enough gratitude in their romantic relationships. sleepless people tend to be more self-centered and are too tired to express appreciation. expression of gratitude can lead to positive mental thinking and physical benefits. i'm not gonna say anything about my situation. [laughter] >> 8:23. let's go to sal with another check on our traffic this morning. >> good morning, everybody. if you work in morning, tv, that's especially funny. let's go out and see what we have. i think i can save you some time today. 880 is slow. 580 is not quite as slow. you might want to get over there instead. when up get to the bay br
and evening hours. >> your kron 4 7 day around the bay forecast shows and our tax system with not much marcher imoisture. --and our tax systartic system. >> more on the forecast coming up in a moment. >> the approach to the bay bridge toll plaza looking good. and my weight and some of the caste lines in our last report not the case anymore. still have overnight road work in effect for the incline section but not producing in delays. >> at the cemetery ridge traffic building not only in the west bound direction towards of to see you consider lights several of them hedy's down to hayward. the drive 12 best 30 minutes between 8 80/1 zero one. >> the code a bridge, southbound 11 looks good however,--the golden gate bridge south bound 101 looks good. >> we do have dense fog and portions of the north bay. >> traffic maps show more about 101 looks good no issues for interstate 280. >> you may encounter damp roadways. drive with extra caution. 23 minutes out of navao into san francisco. >> no delays on public transit for ac transit, bart our couch at this hour. >> thank you erica on to the situation i
the nearly $200,000 facebook will pay in property taxes. >>> california's senator dianne feinstein wants to reinstate a ban on certain firearmses across the country. she will introduce a bill to ban assault weapons and high capacity ammunition clips. it's co-sponsored by connecticut's democrat in the wake of the sandy hook elementary shooting. it's opposed by the nra. vice president joe biden will continue to discuss gun violence today at 10:45 our time. >>> tough questions for secretary of state hillary clinton on the attack on the u.s. consulate in benghazi. >> this went on for hours yesterday. clinton got angry when a republican senator asked her about allegedly misleading the public. >> with all due respect, the fact is, we had four dead americans. was it because of a protest or was it because of guys out for a walk one night who decided they would go kill some americans? what difference at this point does it make! it is our job to figure out what happened and do everything we can to prevent it from ever happening again, senator. [ banging desk
. >> do you regret voting for the bond measure? >> yes. i voted to tax ourselves equally. but why is it so a few people have to pay the cost of all this? >> reporter: but it doesn't end there. some of his neighbors, including some who are retired homeowners will lose portions of their land either through negotiation or eminent domain. they'll get some money for their land but it will go right back into the new crossing. smart's attorney say that's the law. >> private crossing, by definition benefit only private parties. therefore the private parties must bear the expense. >> do you think there is a way that it could be publicly funded? >> we haven't investigated all those pieces yet. and again that goes back to where my vote was coming from. >> reporter: county supervisor david rabid also sits on the smart board. he voted against eminent domain. >> this is the first of many that will occur throughout our county and marin county that we need to do it the right way. we need to be good neighbors. >> reporter: there are more than 100 cross infor
, you'll love peanut butter and snickers. try snickers peanut butter squared. when you file your taxes. i read the whole 900 pages. i will give you a tax and health care review. i can help you figure it out. ♪ ♪ [ male announcer ] let's take every drop of courage, every ounce of inspiration, every bit of determination, and go where we've never gone before. ♪ introducing the radically new avalon. toyota. let's go places. >>> we're back now at 7:41. prince harry is back in britain this morning and he's trying to clarify some of the comments he made during his tour of duty in afghanistan. nbc kir seir simmons is in buckingham palace this morning. good morning to you. >> reporter: good morning. prince harry has faced criticism from his comments about killing the taliban. now, he's back and ainu interview, he's talking about what he's learned. >> it's been great. a hell of an experience. really proud of the guys. >> reporter: prince harry summing up his tour of duty in afghanistan, landing back in the uk, finally able to congratulate william and kate in person. her pregnancy announced
are getting a look at where your tax dollars are going. we found crews yesterday with headlamps they are operating heavy machinery, installing lighting. they are working with the equipment there. cal tran says the fourth bore is 75-80% complete and set to open later this year. >>> in over night news a car fire forced the i vassuation of an -- evacuation of an apartment building in redwood city. the car was parked in a car pot when it caught fire. while investigators aren't commenting, tenants believe it was intentionally set because there were two separate fires one in the front of the car and the other in the trunk. >> i hear the alarm going off. i came down to see what was going on. i open my door and i immediately smoke. >> there were no injuries reported. firefighters did keep the flames from spreading to the upstairs apartment. >>> hundreds of voluntaries fanned out across san francisco to count the city's homeless. the census is taken every two years. collected data is used to provide services to homeless. >> i'm a san francisco resident and this is a way for the city to c
. they've got plenty of room to make a good margin and pay this tax to microsoft for the operating system. i'm not so concerned about apple as much as just the whole market getting commoditized. on the consumer side, i think that's a tough market for microsoft. if you don't need office, you really don't need to pay a premium for your products. they can afford to cut price on their hardware. microsoft's hair wear shipments are material on the market. they're there to show good design. it's important that their partners -- >> you could say they're out of touch. you mentioned office. i see now there's a suggestion that actually when the new office suite comes out, it will be licensed. you will pay a monthly subscription in order to have microsoft office. that doesn't seem to be where the bulk of the market is at the moment. that's not what consumers are doing, generally in their lives, is it? >> actually, simon, 20% of office's consumer, you know, 80% is enterprise, and 60% of enterprises are on subscription already. so there is a pretty significant migration to subscription that's well alon
hiring their friends, paid almost a million dollars in business taxes, then they had to go home to india because their student visas ran out. now, the business still exists, but it's run out of india with no american employees. obvious problem. everyone said it needed to be solved. the valley's been frustrated for years. so that deal seems to have been reached and the valley likes it. you can't overstate the importance of immigrants to bay area companies. paypal started by a russian, google started by a russian as well, ebay, a frenchman, tesla, sun microsystems india. if you extend that out to children of immigrants you can add in apple, syria, oracle, russia again and clorox in the east bay, ireland. back to you. >> wow, all right, scott, thanks so much. >> intriguing stuff there scott mcgrew. very interesting weather, in a nice way. >> top of the morning to you, jon and marla. we've got a good looking day shaping up. we do have puffy clouds, these are cumulus clouds, almost like the simpson clouds, remember that show cartoon? we've got good looking conditions. whenever you see those p
seven years of extra taxes. let us follow the wisdom of joseph, pay down our debts and store up reserves against the leaner time that is will surely follow. >> while brown's speech was upbeat he faces a fight even within his own party over some of his proposals including a plan to fund poorer schools at the expense of wealthy suburban districts. >>> cbs reporter susan mcginnis reports on the latest step in the obama administration's effort to pass new gun control legislation. >>> reporter: vice president joe biden is heading to virginia today to try to gain public support for president obama's gun control proposals. >> it's not about keeping bad guns out of the hands of good people. it's about keeping all guns out of the hands of bad people. >> reporter: on capitol hill thursday gun victims and law enforcement officers joined a group of democratic lawmakers as dianne feinstein announced her own bill which would eliminate high capacity magazines and ban assault weapons. >> military-style assault weapons have but one purpose, and in my view that
taxes retroactively and guaranteed future job losses to add to the millions of californians out of work today. >> reporter: back at the capital the lieutenant governor urged bipartisanship. >> only by risking going too far together can we discover how truly far we can go. >> reporter: as the governor channeled the little engine that could. >> i think i can! and over the mountain the little engine went. we're going to get over that mountain. i have no doubt about it. >> reporter: the governor gave interesting advice to lawmakers rallying against creating new laws. he says we have enough on the books and that is of course after he signed several more himself during last legislative session. anne makovec, cbs 5. >>> surveillance video captured an attempted kidnapping on a camera in a san jose neighborhood this week and now neighbors say they think they know who the suspect is and say he is no stranger to their street. cbs 5 reporter cate caugiran now with that story. >> reporter: that surveillance footage was taken from the house behind me but
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under $100,000. it is a punitive tax. it impacts people on a lower tax bracket. >> waiting apple for their corporate earnings and the iphone 5? >> justin 24 of course we are going to talk about the iphone 5. verizon already letting some informations out of the back pocket tim clarcould-tam timothy cook... also, could under promise and over delivered but would it be enough to save him? >> existing home sales. >> the month of december was a loser. the average home was of 6.2%. from 2012. the housing is rain back. it is a typical number for the month of december because many people are not putting their houses of for sale, yet. so far, but pretty good number with everything considered. >> these are some questions. should i consider purchasing amazon? >> it is difficult to save the stock has been paramount. it is near the 52 week high. and perhaps purchase a little bit of now, a little bit later. that is great but it is a great long-term but very expensive. you want this in a bad stock market not a healthy stock market. >> what should i use options? options?pul and a call... you ca
for approving temporary tax increases. but he also said lawmakers must fulfill a promise to voters by not over- spending, and instead paying down debts, and storing up reserves for the leaner times ahead. the governor also called for a special session of the legislature to deal with those issues that must be decided immediately if california is to get the president's affordable care act started by next january >> it is cruel to leave people on to provide programs and then cut them back when the funding disappears. this is not progress or progressive this is an illusion. the stop and go serves no one. we're not going to go back there. >> pam: there was also a special legislation adult with what should be dealt with immediately. the affordable care act should be started by january. >> u.s. senator dianne feinstein has introduced legislation to renew the country's now expired assault weapons ban surrounded by members of congress, law enforcement and the clergy, feinstein said the bill will ban the sale of 157 military style assault weapons and ban high capacity ammunition clips. she says the 20 d
with everybody. they even tax if he had ever taken en asked he he had actually stolen a newspaper. >> i like what he said about if you could not be happy then something is wrong with you. >> two days ago he spoke and it was beautiful. it is just part is this is your dream to go to the super bowl and you feel that if you work injured help your team win then it was taken from you. it is hard for me to believe that alex smith is full of joy. >> what would have to go run for the coach to put alex smith in? >> i would not say that. if kaepernick gets hurt then maybe. >> andrew luck was playing his heart out. >> the deal is that no one wants to get hurt. the fact is that it was an exhibition game. people are still trying to throw and catch the ball perry e. >> when you wear the mantle of the kron sports director. >> gary radnich told you so. he stated that it would be david lee, and it wasn't david lee. >>was david lee. >> have a good weekend. we will be right back. get beautyrest, posturepedic, even tempur-pedic mattress sets at low clearance prices. save even more on floor samples, demonstrators, and
and authorities are preparing for the worst. >>> we are bringing you a firsthand look at your tax dollars at work in the tunnel. we got a look inside the 4th bore yesterday. we found crews hard at work inside. federal stimulus funds are paying for two thirds of the 400 million-dollar project. taxpayers are funding the rest. >> when it's done caltrans will be dedicating two bores permanently to eastbound traffic and two permanently to westbound traffic. >> caltrans said the 4th is 75 to 80% done. they will start laying the road bed next month and it's set to open later this year. >>> federal safety regulators say no matter what anyone else is saying the dream liner investigation continues. the head of the ntsb unsettling description of how serious this matter may be. >>> facebook founder is getting involved in politics. . >>> welcome back. taking you live to new york. dow back from its earlier gain. still up 17.5 points, s&p500 testing the 1500 level and a lot of familiar names in stocks to watch today. johnson and johnson up, part of the dow -- and it's earning estimates. p and g better than ex
, and when i do my taxes, i want to work with the professional tax software. >>> oh, yeah. it is deejay friday. we're having a good time. it is hot in here. we need to give you our answer to the pop quiz. question was, j.j. abrams. j.j. abrams will direct the new "star wars" movie. just agreed to do it. he is the creator of "alias" and "lost." this is interesting. he has a "star wars" connection. he got his start with harrison ford, writing the screenplay for "regarding henry." >> congratulations, j.j. >>> moving on to an alarming story. it's about women going online and then discovering compromising photos of themselves that were intended to be private but then have been posted on a very public website by ex-boyfriends. as abc's bianna golodryga reports, a group of women in texas are fighting back with a lawsuit. >> i was at work monday. and a friend of mine called. >> reporter: it's the moment holly, a teacher's aide in texas, says her life became a living hell. >> overheard people talking about a website. it's pictures, explicit photos that people have posted. and she said, you're on
into poverty knows she has the same chance to succeed as might be else. >> he touched on taxes, gun control and immigration. he urged cooperation in washington. >> congress requires us to act in our time. >> after the ceremony the president turned to take one last look at the view. later he signed documents nominating his cabinet members. senator majority leader harry reid toasted the president. the president thanked all in attendance. >> i recognize that democracy is not always easy. i recamiers there are profound differences in this room. but i just want to saw thank you for your service. >> the day concluded with a one and a half mile parade to the white house. the president and the first lady walked a portion of the route. tonight they will attend two inaugural balls. >> reporter: talking to some bay area residents told us that seeing him sworn this today if was a salute to martin luther jr.'s dream. the president is expected to share another dance with mrs. obama. back to you. >> looks like a fabulous evening. christin you look gorgeous. >> repo
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-third of the low-income workers. they have been given 18 tax breaks by mr. obama, as he keeps telling us, so they've got theirs. big businesses are mimicking profit, wallowing in bonuses. they can pay the minimum wage. i just read -- wrote a letter to the head of walmart is that, "look, you grows over $300 billion in u.s.. this will cost you less than $2 billion to take a million or so of your workers up to $10.50. he would get less turnover and more productivity and will sleep better at night." >> how does wal-mart's wages here compared to wages elsewhere, worldwide? >> in western europe, for example, walmart has stores, employees. they have to give them a paid vacation. they're often -- they all have health care because it is universal, government health care. they have to give them paid sick leave, including family sick leave. they have better benefits because they are required to do it. so why is walmart treating european workers, and in some respect canadian workers -- in ontario, the minimum wage is $10.25, not $7.25 here in the u.s. why is walmart to the workers in foreign countries so bet
, you know, from a corporate perspective, we'd love to see something done on the corporate tax rate here in the u.s. love to keep more jobs here. just got to find a way to solve that problem. >> how does obama care and the health reform affect you as a company? >> well, certainly it provides re people will be covered by prescriptions. that's great news for the entire pharmaceutical space. for our particular company, we don't focus so much on continuous care medicines. we generally focus on women's health, those kind of issues so for us not as great but for other pharmaceutical companies great opportunity. >> we'll let you go. they will be anxious to get you up to the balcony so you can ring the closing bell. your logo is green. why didn't you wear green? >> i wore green for him. >> you're australian? >> yeah, i'm starting to forget it. >> no idea. >> we're about to enjoy the close with 20 minute to go here, and the market is continuing to levitate a bit. >> absolutely. still marching closer and closer to a all-time high. really driving this rally? is it fundamentals or just the fed's eas
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